In the European prepared pet food sector, Germany led with €30.65 million in wages and salaries, followed by France (€23.04 million) and the United Kingdom (€12.44 million) in 2023. Significant variations were noted between 2022 and 2023, with Austria (+13.78%) and Belgium (+15.86%) showing the most substantial increases, while Latvia experienced a notable jump at +55.18%. Lithuania (+18.49%), Croatia (+14.87%), and Serbia (+14.17%) also saw remarkable growth. Conversely, Greece and Iceland saw negative changes, -1.21% and -13.67% respectively.
For future trends, watch for continued growth in Belgium, Lithuania, Croatia, and Serbia, as these markets demonstrate robust year-on-year increases. Additionally, the declining trend in Greece and Iceland may indicate underlying economic or market-specific challenges that need to be addressed. Overall, the sector is seeing localized spikes in growth, hinting at potential for market-specific investments.
Top countries in Prepared Pet Food Wages and Salaries Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 30.65 | 2023 | +5.46% | +4.97% | View data |
| 2 | 2 France | 23.04 | 2023 | +2.82% | +2.82% | View data |
| 3 | 3 United Kingdom | 12.44 | 2023 | +1.09% | +1.61% | View data |
| 4 | 4 Austria | 5.7 | 2023 | +11.84% | +13.78% | View data |
| 5 | 5 Hungary | 5.48 | 2023 | +5.6% | +7.76% | View data |
| 6 | 6 Spain | 4.8 | 2023 | +4.12% | +4.29% | View data |
| 7 | 7 Italy | 3.53 | 2023 | +2.27% | +3.01% | View data |
| 8 | 8 Belgium | 2.93 | 2023 | +21.53% | +15.86% | View data |
| 9 | 9 Poland | 2.66 | 2023 | 0% | +1.19% | View data |
| 10 | 10 Czech Republic | 2.26 | 2023 | +4.11% | +6.48% | View data |
